NYSE$ST

Sensata Technologies Holding N.V. · Q3 2021 earnings

Q3 2021 earnings · · Investor relations

Briefing

Sensata reported strong financial results driven by recovery across heavy vehicle, industrial, and aerospace markets, along with automotive revenue growth due to significant outgrowth and channel replenishment.

Sensata Technologies reported a 20.6% increase in revenue to $951.0 million and a 29.8% increase in adjusted operating income to $201.0 million for the third quarter of 2021. Adjusted EPS increased by 31.8% to $0.87.

  • Revenue increased by 20.6% compared to the third quarter of 2020, reaching $951.0 million.
  • Operating income increased by 27.2% to $161.3 million, representing 17.0% of revenue.
  • Adjusted operating income increased by 29.8% to $201.0 million, or 21.1% of revenue.
  • Adjusted earnings per share increased by 31.8% to $0.87.

Headline financials

Total Revenue

$951M

Previous: $788M+20.6%
EPS (adj)

$0.87

Previous: $0.66+31.8%
Operating Margin

17.0%

Previous: 16.1%+5.6%
Adjusted Operating Margin

21.1%

Previous: 19.6%+7.7%
Free Cash Flow

$85M

Previous: $76.7M+10.7%
Net Income

$85M

Previous: $76.7M+10.7%
Operating Income

$161M

Previous: $127M+27.2%
Gross Profit

$322M

Previous: $258M+24.8%
Cash & Equivalents

$1.96B

Previous: $1.61B+21.6%
Total Assets

$8.5B

Previous: $7.56B+12.5%
Stock-Based Comp

$7.4M

Previous: $4.62M+60.0%

Revenue & EPS history

Sensata · Revenue · Quarterly

$951M

Q3 2021+20.6%vs Q3 2020
Beat estimate in 12 of 16 quarters(75%)
ActualEstimate

Forward guidance

For the fourth quarter of 2021, Sensata expects revenue of $895 to $925 million and adjusted EPS of $0.76 to $0.82.

Tailwinds

  • Revenue between $895 million and $925 million.
  • Organic growth between (3)% and 0%.
  • Adjusted Operating Income between $180 million and $190 million.
  • Adjusted Net Income between $121 million and $131 million.
  • Adjusted EPS between $0.76 and $0.82.

Headwinds

  • Revenue growth between (1)% and 2%.
  • Organic growth between (3)% and 0%.
  • Adjusted Operating Income growth between (8)% and (3)%.
  • Adjusted Net Income growth between (10)% and (3)%.
  • Adjusted EPS growth between (11)% and (4)%.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q3 2021

Historical avgQ3 2021

-0.5%

Avg return

Earnings day

-0.5%

Avg return

5 days after

-0.6%

Avg return

30 days after

38%

25 / 65 earnings

Positive

+14.7%

Q4 2022

Best reaction

-11.3%

Q4 2015

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+1.3%-1.0%+19.0%
Q4 2025+6.1%+4.7%-8.2%
Q3 2025+5.7%+3.2%+4.0%
Q1 2025+13.7%+23.7%+20.3%
Q4 2024+8.6%+14.5%+5.3%
Q3 2024-8.4%-4.0%-8.0%
Q2 2024-0.2%-5.2%-0.9%
Q1 2024+9.5%+14.6%+15.7%
Q4 2023-8.2%-8.8%-2.9%
Q3 2023-7.2%-4.8%-4.7%
Q2 2023-10.0%-9.5%-20.1%
Q1 2023-9.7%-9.2%-15.2%
Q4 2022+14.7%+16.2%+11.2%
Q3 2022-6.2%-3.1%+8.2%
Q2 2022-0.8%+1.2%-2.1%
Q1 2022-9.0%-6.8%-5.0%
Q4 2021-0.1%-3.6%-0.1%
Q3 2021-3.4%-2.8%+7.8%
Q2 2021+1.4%+5.6%+7.6%
Q1 2021-1.4%-3.8%-1.9%
Q4 2020-2.7%-4.5%+5.7%
Q3 2020-10.2%-9.4%+4.3%
Q2 2020-4.2%-9.1%-1.1%
Q1 2020-1.8%-10.3%-3.8%
Q4 2019+4.1%+2.2%-30.7%
Q3 2019-0.8%+2.3%-0.2%
Q2 2019-2.4%-5.3%-6.9%
Q1 2019+1.6%+1.3%-14.5%
Q4 2018-2.6%-2.6%+0.2%
Q3 2018+10.2%+12.6%+7.6%
Q2 2018+3.1%+6.0%+5.1%
Q1 2018-4.5%-4.9%-3.4%
Q4 2017-2.4%-5.2%-8.4%
Q3 2017-2.7%-1.8%-2.7%
Q2 2017+1.7%-0.3%-2.3%
Q1 2017-5.0%-3.7%-4.0%
Q4 2016-1.8%-3.3%-2.0%
Q3 2016-0.9%-4.4%+1.1%
Q2 2016+3.9%-0.4%+1.5%
Q1 2016+3.3%
Q4 2015-11.3%
Q3 2015+2.1%
Q2 2015-0.7%
Q1 2015-3.3%
Q4 2014-0.4%
Q3 2014+2.7%
Q2 2014-0.2%
Q1 2014-2.6%
Q4 2013+7.6%
Q3 2013-5.7%
Q2 2013-0.7%
Q1 2013+7.6%
Q4 2012-2.7%
Q3 2012-0.0%
Q2 2012+3.2%
Q1 2011+4.5%
Q1 2012+2.4%
Q4 2009-3.3%
Q1 2010-3.3%
Q4 2011-3.3%
Q3 2010-2.9%
Q3 2011-2.9%
Q2 2010+0.4%
Q4 2010+0.4%
Q2 2011+0.4%

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